Blossom corporation had net sales of $2,410,900 and interest revenue of $36,700 during 2017. expenses for 2017 were cost of goods sold $1,460,400, administrative expenses $218,600, selling expenses $286,400, and interest expense $50,800. blossom’s tax rate is 30%. the corporation had 105,200 shares of common stock authorized and 73,090 shares issued and outstanding during 2017. prepare a condensed multiple-step income statement for blossom corporation.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.